OLD Second National Bank of Aurora Sells 11,963 Shares of Walmart Inc. $WMT

Key Points

• OLD Second National Bank of Aurora reduced its holdings in Walmart Inc. by 32.2%, selling 11,963 shares last quarter, bringing its stake down to 25,216 shares.
• Insider CEO C. Douglas McMillon sold 19,416 shares of Walmart stock for over $2 million, reducing his ownership by 0.44%.
• Analysts have a consensus rating of "Moderate Buy" for Walmart shares, with price targets recently raised by various brokerages, the highest being $125.00.

OLD Second National Bank of Aurora trimmed its stake in Walmart Inc. (NYSE:WMT - Free Report) by 32.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,216 shares of the retailer's stock after selling 11,963 shares during the period. OLD Second National Bank of Aurora's holdings in Walmart were worth $2,466,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Walmart by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares during the last quarter. Kingstone Capital Partners Texas LLC grew its position in Walmart by 397,264.9% during the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer's stock valued at $10,496,702,000 after acquiring an additional 104,488,610 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Walmart by 30.1% during the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after acquiring an additional 7,706,201 shares during the last quarter. Ameriprise Financial Inc. grew its position in Walmart by 1.3% during the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer's stock valued at $2,710,665,000 after acquiring an additional 387,424 shares during the last quarter. Finally, Invesco Ltd. grew its position in Walmart by 2.9% during the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock valued at $2,562,427,000 after acquiring an additional 823,020 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $103.21, for a total transaction of $2,003,925.36. Following the sale, the chief executive officer directly owned 4,373,576 shares in the company, valued at $451,396,778.96. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $103.83, for a total transaction of $415,320.00. Following the sale, the executive vice president owned 1,048,455 shares in the company, valued at approximately $108,861,082.65. This trade represents a 0.38% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 151,232 shares of company stock worth $15,083,877. Insiders own 0.10% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WMT. Bank of America raised their price objective on Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Wednesday, September 17th. Mizuho restated an "outperform" rating and set a $115.00 price target on shares of Walmart in a research report on Wednesday, August 13th. Evercore ISI restated an "outperform" rating and set a $110.00 price target (up from $108.00) on shares of Walmart in a research report on Monday, August 18th. Telsey Advisory Group restated an "outperform" rating and set a $118.00 price target on shares of Walmart in a research report on Wednesday, September 24th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Walmart in a report on Saturday, September 27th. Thirty equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.

Walmart Stock Performance

NYSE:WMT opened at $102.15 on Friday. The stock has a market cap of $814.46 billion, a P/E ratio of 38.40, a price-to-earnings-growth ratio of 4.79 and a beta of 0.67. The firm's fifty day simple moving average is $100.77 and its 200 day simple moving average is $96.61. Walmart Inc. has a twelve month low of $78.98 and a twelve month high of $106.11. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, August 21st. The retailer reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). The company had revenue of $169.34 billion for the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 EPS. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. As a group, research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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